Home Renovation Projects and Insurance Coverage

Home renovation projects are a sure way to improve your living space, spruce up the home and increase the value of your home.  Adding a room or a whole section to your home, requires capital and great companies to make the process less difficult. Obtaining permits, contractors, and financing takes a lot of the joy out of a home renovation project, but most often than not the whole process can give you a sense of accomplishment, and the extra room you were needing.

If you already have most of the contractors ready to go, the financing approved, and the permits are in your possession, now is the time to call your insurance agent, and talk about the new home insurance policy you are going to need. As the renovation goes, you need to keep the insurance agent informed of the progress.  Accidents do happen and you need to be able to be financially covered if anything disastrous should occur.

Did you make sure the contractor or companies you hired have their own insurance coverage?

Accidents within your property may be catastrophic if you do not protect yourself.  Before you allowed a contractor to start the work, make sure he has insurance coverage/liability insurance and workers compensation up to date before he starts.  If they do not have the proper paperwork and an employee gets hurt, you can be sued for damages.

Receipts, contracts and any other pertinent information regarding the renovation should be kept within easy reach till the project is done, the insurance agent notified of all the changes, appraisals done and checked, and the construction is done to your specifications.  Any receipt related to the construction should be kept filed and safe should any problem emerge.

Almost anyone that starts a renovation project have an idea of what they want. They want the extra space,  a better kitchen, a bigger bathroom, or a new looking master bedroom. Regardless of what you want to do to your home, having an idea of what renovation projects will give you the most ROI can be financially advantageous for you.  If you are selling your home, and want to get the most for your investment, there are many home renovation companies that clearly state the best home renovations projects for you if you are selling or only improving your home.

As always, inform yourself before starting hiring and signing documents for a project done in your home. If you need more information about Insurance coverage or any other insurance issues, go to the Insurance Information Institute to learn more. 


Is Your Basement Prepared for Spring?

Spring weather has arrived sooner than we were expecting.  Temperatures in northeast Ohio are some of the warmest in more than a hundred years according to the National Oceanic Atmospheric Administration NOAA, it also predicts cooler and wetter temperatures for the northeastern part of the United States.  If we are taking South Carolina’s weather as an example as what’s to come in northeast Ohio, we are going to need a lot of umbrellas for this spring season.

Keeping the water away from the foundation of your home and basement can be a very inexpensive fix. Checking the perimeter of your home is a good idea. It can give you a clear view of where water is sitting, and not draining away from the foundation.  If you have an old sump pump, check to see if it’s in working condition. You may need it when you least expect it, only to find out that is not longer serviceable.

For more about this and other stories, follow the links below.


Solving basement problems

 Basements and crawl spaces are often a home’s “dirty little secret,” problems put off until homeowners grow weary of leaks, flooding, cracks, buckles, undesirable smells and vapors emanating from below, or want to get the best price when they sell. Often I’ve conjured making my basement a “Halloween horror maze,” but usually more sobrietous moments prevail.
Years ago, after sweeping too much water after downpours toward my basement drain, I conferred with colleague Larry Gilliland, a tree-stump removal contractor, whose son Brad had launched Brad Gilliland Excavating & Basement Waterproofing. I invited father and son to my dungeon and never will forget Brad’s innocent remark that I apparently used my basement “for storage.” “Junk pile” might have been more apropos.
“When a home is put up for sale, I strongly recommend any basement problems be fixed before it’s listed,” notes Bloomington Realtor Henry Nethery. “Otherwise, the sale might be jeopardized, or the homeowner wind up paying more for repairs.

Governor Henry McMaster has declared March 5-11 “South Carolina Severe Weather and Flood Safety Week.”It is all to remind residents to be prepared for potential sever weather across the state, specifically focusing on tornadoes and flooding.
There will be a state-wide tornado drill March 9, to include all public schools and a few other entities.South Carolina Emergency Management is also teaming up with the National Weather Service to release a number of reminders for before, during, and after these severe weather events, listed below.
Prepare for any Emergency·

Develop an Emergency Action Plan for your home, place of business or other that includes what you would do in case of major emergency or disaster.· Develop a communication plan that enables you to reach out to family members when normal lines of communication are not functioning.· Have an emergency kit for your home, place of work and vehicle. Remember, “The First 72 are on You.


With spring right around the corner, the timing seemed to be perfect when I heard from the folks at U.S. Waterproofing, a basement waterproofing service company.“We get the most calls in the spring, when people sell their home or from people who just bought one,” said Matt Stock, president of U.S. Waterproofing.
“It’s those calls from buyers — who have a surprise, undisclosed and expensive basement leak — that break our hearts. We know they weren’t prepared for that kind of expense upon moving into their new home.”

A third-generation family member in the basement waterproofing business, Stock said he began assisting his family in all-things-basements when he was 12.In 2012, Stock launched the U.S. Waterproofing Learning Center, to educate homeowners, real estate agents, home inspectors and others concerned with home improvement, waterproofing, and repair. Below, he dishes out some good, sound advice.